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institute for a discussion on the scheduled tax increases the percent to hit in january, including the end of the bush era taxes, payroll tax holiday hikes and invested in come also. a new tax policies and to report says nothing is done. average marginal tax rates would go up by five percentage points on labor income, seven points on capital gains and more than 20 points on dividends. along with more than a trillion dollars in budget cuts. also starting january or known as the fiscal cliff. it should get under way in just a moment. [inaudible conversations] >> good afternoon, and welcome to the urban institute's first tuesday. my name is howard gleckman of the tax center blocks and we are here to discuss taxes in the fiscal cliff. as you all know, washington lives everything that happens here is the biggest or the worst were the most important. how many times for instance have you been told some politician is about to give the speech of his life until he gives the next speech. the tax armageddon has the potential to actually be a watershed in the fiscal policy. true it could be another opp
could be accurate or not. what is the person saying there should not be a millionaire tax or should be. who is the special interest dominating that message point coming out and how does the voter get through it? i think one the most amazing thicks happening in the country when you look at the president number heys doing well. what's fascinated about the amount of money being spent by the cross roads and the entity for some reason the message is not coming through it's not compel fpg you look at the swing states that we were going to be remarkably close are going to trend toward tbhawm a way that somebody thinks to seem unless the debate set the presidential election. it's clear the spt heading toward a environment he has a advantage. romney is going to be exceptional. >> tune in. >> fiewn in and watch. let watch. >> i'm excited. >> talk about in next week in class. >> would you taunt the cross road different and you engage in more localized races congressional and senate how you choose your priorities since so you have a broader scope. >> yeah. that's a good question. we're focused on
years ago. that a bigger government, spending more, taxing more, regulating more. if you will, trickle-down government, would work. a >> reporter: president obama sounded a familiar alarm, warning of romney's "been there, done that" economics. >> the approach that governor romney is talking about is the same sales pitch that was made in 2001 and 2003. and we ended up with the slowest job growth in 50 years. >> reporter: but whether it was health care, jobs, or medicare, it was romney who stood out for his aggressive style. >> i just don't know how the president could have come into office, facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion for two years fighting for obama care. >> reporter: the president made his points in a slower, more laid-back manner, often looking down, sometimes appearing disengaged. it's not that he didn't try to rip apart romney's economic plan. >> that kind of top-down economics, where folks at the top are doing well, so the average person making 3 million bucks is getting a $250
we talked about, where he can get -- capsulize an argument. >> that's how they'll fund the tax cuts, not subsidize big bird. thanks, mitt. >>> we'll look down the road to see how polls were affected by last night's debate. keep talking about it. we have to get to "cnn newsroom" which begins with carol costello now. see you back here tomorrow. >> thanks, soledad. >>> which presidential candidate is joenjoying a big bounce on t campaign trail today? >>> miguel cabrera captures the triple crown. >>> one billion users and growing, now news that facebook wants you to pay to promote your posts. >>> a strong generic version of a popular anti-depressant off the market. what consumers need to know this morning. newsroom begins now. >>> good morning. thank you so much for joining us. i'm carol costello. it is the morning after the presidential debasement many americans are remembering not just what was said last night but over the weekend. remember the prediction that raised eyebrows just a few days ago? >> this whole race will be turned upside down come thursday morning. >> well, mitt romney
and in this country, taxed more. if you tax small business, they are not going to hire. i don't know how you don't figure out what mr. romney so eloquently said in that debate. talking about politics of the 1% or the 47%, conservatives want the best for all folks, and yes, we mean thewe don't want them trapped in poverty. we want them married, paying their taxes -- host: we will get katrina vanden heuvel's response. guest: yeah. listen, if marriage will promote the well-being of the couple, children, great. but in my mind, it is and not just that. that is too simplistic. it is part of the equation. without good jobs, without ensuring that workers have rights and a time -- at the time when big business is so powerful, without doing small things that happened around this country but have taken too much effort, giving women, families early child care, the sense of a community coming together to lift up families, marriages not sufficient. to reduce it to that is too simplistic. no one is saying marriage isn't important. it is not the only a factor in building a family that is doing well. the fact th
rid of the charitable deduction, because that's the only way you have revenue neutrality in these tax cuts he's talking about. his only plan for economic improvement in this country is to cut the taxes mainly of the rich. that's his only plan. the only defense of this strategy is he's going to get rid of loopholes. tell us that, governor. show us what you're going to do or stop talking. i think he's got to be that aggressive. but the main message is, show me your cards. stop bluffing. >> we have seen a little bit of telegraphing this week from mr. romney, that maybe he will put some details into his economic talk. he's started to float some new ideas about taxes that he never floated before. my question is whether or not he thinks the right place to unveil those is in a debate setting. surprise the president with something he's never said before or if he wants to save that stuff for a more controlled environment. that will tell us as much about his temperament and his strategy as it will about his plans. let me bring in lawrence o'donnell, chris. lawrence is in the spin room tonight,
. the debate focus around the economy as we knew it would and the candidates traded jabs over tax policies for the middle class. >> romney: under the president's policies middle income americans have been buried. they've been crushed. i will not under any circumstances, raise taxes on middle income families. >> obama: now, five weeks before the election, he's saying his big, bold idea is never mind. >> romney is saying he would push for tax relief is another flip-flop. from his statement a few weeks ago that we should not expect a huge cut in taxes if he's elected president. we'll do some fact checking for you in the next current news update. despite the lies and contradictions from romney, a new cnn poll says 67% of voters do think he won the debate. more bill press coming up after the break. stay with us. you're about to watch an ad message created by a current tv viewer for capella university. matter. education is the key. it is the vehicle. it's the way in which we evolve. every journey is different every possibility is uni
at a campaign event in north carolina. that set off another war of words. >> how they can justify raiding taxes on the middle class that has been buried the last four years. >> vice president biden just today said that the middle class over the last four years has been "buried." we agree. >> let's bring in the news nation political panel, associate editor and columnist for the "washington post" and msnbc analyst eugene robinson, abby stoddard, columnist for the hill, michael spir mitt romney is con nish, talk show host and chip saltzman, strategist. i would like to start off with you, is it fair to compare the two tape you the president's tape the conservatives were talking about since last night and the video of congressman ryan saying you 30% of people want to live their lives on welfare is it fair to compare these tapes, especially given the president's tape, then-senator obama, was covered by the media then? >> it a beautiful day in denver today, tamron. first of all. >> nice weather report, eugene. >> obama says nothing new on the tape and it was covered years aleen sirgany but fair it is
for closure during the previous administration. here are the facts. the $5 trillion tax plan that mitt romney and paul ryan put on the table, you can't pay for it without raising taxes on the middle class and raising taxes on seniors. the same economists who mitt romney referred to to back up his plan said you couldn't pay for it without eliminating the mortgage introduction which many middle class families rely on if they have more specifics, we are interested to hear those tomorrow night. so far we haven't heard how you pay for it without raising taxes on the middle class. >> as we look at a new quinnipiac poll, it's finding more of the majority of americans think the president will win the debates. the president has done his best to temper debate expectations looming out there, saying he's just an okay debater. is your campaign worried these high expectations could backfire on the president? >> the president will come into the debates prepared. mitt romney has been preparing for the debates earlier than any candidate we could find on record since july. it took the week of the convention to
. they include reducing the deficit about4 trillion over ten years, an overhaul of the tax code, and changes to medicare and social security. now, if congress can't avoid that cliff, it also means an end to several tax cuts and a huge boost in the action at thats you will pay. the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in hot water this morning. "and what's your name?" "oh, it's flo." "and what do you do?" "oh, i sell insurance like no one else." "oh, that's nice." "thank you." now, that's progressive. call or click today. >>> welcome back apparently, looking at photos and videos of cute, fuzzy baby animals can help improve your produc
, where romney keeps millions to avoid u.s. taxes. you have to say this about mitt romney. he sure knows how to go for the gold. >> so the u.s. olympic committee was not that happy. [laughter] as you might expect. that ad was a little bit short lived, but it got a lot of free media coverage and a lot of views on the internet. and kudos to one of the leading advisers to priorities who came up with the idea for that ad. it is a lot of fun to do what we do for a living. priorities has been eager experience. as -- has been a great experience good as money flowed into the super paks in general, and also to priorities, we have played an important role in this campaign. not the kind of outside world that my colleague has. >> there is a little bit of a difference. there is a runny super pac called restore our future. i was -- american crossroads has spent more money and has been around much longer. but you can talk a little bit about the decision to do that. it came up much earlier and saw a lot of what was going to happen before it actually happened. so talk about the beginning of that. in the
has questions on the president from taxes to debt and spending. >> he wants another stimulus? how did the first one work out? he wants to hire more government workers? he wants to pick with winners and losers solyndra, losers in his case. we know where that leads. we have seen the last four years. we don't want four more years like the last four years. >> reporter: the debate at the university on long island is going to include foreign policy. to that end the governor is rolling out the foreign policy ball. he has a big speech on foreign policy at virginia military institute in lexington. >> gregg: tell us how big the first debate is playing out in the campaign ads. >> reporter: both sides are trying to portray the other as the bigger fiber. he has new ad from both campaigns and both are saying the other is untruthful from taxes to anything under the sun. take a look. >> i don't have five trillion dollar tax cut. if you just implemented it would cut five trillion dollars. >> i will not produce the taxes paid by high income americans. >> is that actually true? >> the latest, not tellin
duelling ads today. >> this was dishonest. >> i'm not in favor of the $5 trillion tax cut. >> romney is being dishonest here, too. according to an independent non-profit study, barack obama and liberals will raise taxes on the middle class. >> the ad is airing in eight swing states including florida and ohio. meanwhile the romney campaign ad makes a strong push to capture the woman's vote. >> in 2008, i voted for barack obama. he doesn't have my vote this time. being a woman you think about your future and your children. what i want to think about is a future that has jobs. >> the ad goes on to say the economy is important to women. >> a victory for the obama campaign on early voting in ohio. a federal appeals court in the buckeye state just reinstated early voting on the three final days before election day. the ruling means that people in the key battle ground state can continue to cast their ballots. depending on the decision of the local border of elections that is. the obama camp filed that lawsuit arguing that everyone should have a chance to vote on those days. >> and the earl
of americans are staring at big increase on their tax bill. ashley morrison with more. >> the tax center released a study showing that americans of all different incomes could be hit with a tax increase. if existing tax cuts are allowed to automatically expire, the average tax increaswould be $ $3500 a year, a middle income american would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear stearns, the investment bank it acquired in 2008. new york's attorney general filed the suit claiming bear stearns misled investors. the suit is the first to be filed under a group set up by the obama administration to investigate misconduct that caused the 2008 financial crisis. jp morgan says it will will contest the suit. >>> american express is paying $112 million in refunds and fines to settle accusations it duped customers. feder
. this is a frustrating story. we're really happy you brought it to our attention. these are our tax dollars at work or not at work. this is happening all over the country. your story is particularly egregious. you're a small business owner out there on your own trying to turn this economy around the got is getting in your way. we want to let everyone know what is going on. keep us update what is going on and we're on your side. wow, thanks for coming on. >> thank you for having me. melissa: we contacted the city and redevelopment authority and sent us following statement. we want to be bring you a story and vet it make sure it is true on up and up. we support citizens who wish to improve publicly owned lands in their communities, to protect taxpayers the policy have an agreement spells out rights and responsibilities of each party and address the liability issues. for what that is worth. >>> does mitt romney need to get a clearer message out on taxes? lou dobbs weighs in. take a look how the 10-year and 30-year treasury are trading right now. we were listening to ben bernanke a short time ago. you
is we ought to provide tax relief to people in the middle class. the people who are having a hard time right now are middle income americans. under the president's policies middle income americans have been buried. there just being crushed. middle income americans have seen their income come down by $4,300. at the same time gasoline prices have doubled. electric rates are up, food prices are up. if you're reelected we will get to a trillion dollar debt. you have said before you cut the debt in half. lou: and to post debate polls gave the debate to governor romney. by a huge margin. in fact, the biggest one in history according to one of those polls. the cbs poll showed that 42 percent called romney the victor with only 22 percent standing with the president. the same poll tells us that 63 percent now believe governor romney cares about their needs and problems. that is a 30% improvement since before the debate. the cnn polls showed an even more dramatic results. governor romney beating president obama by more than 30 points scoring a record 67 percent of as the winner. the first time a
they can justify, how they can justify raising taxes on the middle class that's been buried the last four years. how in lord's name can they justify? jamie: stu varney the host of varney and company joining us. i listened to it and read tonight print, is in any other interpretation. report no, vice president biden got it absolutely right. that's an objective statement of fact. income down $4,000 in those four years. 54,000 down to $50,000. personal wealth, a lot of it destroyed in the housing crash. down 30% on home prices. then there is the american dream which is fundamental to middle america. that's not been destroyed. but many middle class americans no longer share that dream. so over 50% think the future will be worse for their children than it is now. so in the early part of the day joe biden got it right. the middle class has been buried the last four years. later in the day he tried to wash it back saying the middle class has been buried by the policies which ryan and romney supported. that's how the day ended. what percentage of the policies the president says he's been working t
/ryan tax plan will raise taxes on middle-class families with a child, one or more children, by an additional $2,000 a year. how -- all kidding aside, with all the boos, look, guys, this is deadly earnest, man. this is deadly earnest! how they can justify, how they can justify raising taxes on the middle class that's been buried the last four years, how in lord's name can they justify? >> god bless him. >> mark mckinnon -- i love him. mike, we love him. we love him! has anybody not told him, they've been in the white house for the past four years? buried? the middle class has been buried over the past four years. >> joe, i am being deadly earnest now, man. deadly earnest. okay? on how anybody -- how anybody can attempt to bury the vice president is beyond me. >> i'm not trying to bury him. i got a good laugh out of it. mark mckinnon, you think we may hear the middle class has been buried over the past four years? >> 47%, especially tonight. >> and it's fresh. >> it's fresh, it's new, it's relevant. the one other thing i'd mention, joe, just look at the general mood of the co
ernst how they can justify raising taxes in the middle class and how it has been buried the last four years. how in lord's name can they justify raising our taxes with these tax cuts? >> all right. here's how paul ryan responded. >> i thought he was taking my speech. you know what? we agreed these are being buried by obama care and spending regulations and all things plaguing a business. the way to stop this is to stop this. >> the middle class has been buried for four years. who is to blame? >> that little exchange we saw encapsulates the challenge for president barack obama tonight. he has to defend his record, he's got to take credit for the good things that have happened. i do think the country is headed in the right direction as i think most americans do, but i think he has to acknowledge how the experience is of real americans enough. not only on economic issues but he's not changing the tone in washington, which he's set out to do. i think the president also has to say what to do differently in the next four years. each of these men have to make a case of themselves and articul
the mitt romney tax papers. i would like to see the obama budget, personally, to see how much of the taxpayer budget he planned on using. that is strictly against the rules, what he is doing. i would like to know what his name was before he changed it. host: ok. do you have indications that he did that? our last caller asked for sources, where do you get that information? caller: it was on c-span. host: chandra, california. good morning. caller: can you hear me? host: weekend. what would you like to ask tonight at the debate? caller: both presidential candidates know that there is no nation in the history of the world that has ever waged war without raising taxes. how does that affect their policy approaches to the deficit? knowing that even adam smith, to use a reliable source, will tell you that it is the quickest, surest, and nearly permanent way to implode a nation. host: what do you think the moderator could ask to get that? caller: i just find it disturbing that with all this media coverage and speeches being made from both candidates in both parties, that the two wars t
almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle-income family making $40,000 to $64,000 a year could go up by $2,000. >>> and california governor jerry brown signed a bill that would allow 500,000 young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong, at least 36 people were killed when a boat filled with holiday partygoers collided with a ferry and sank. it is the deadliest accident there in years. >>> a house in oregon that was sold this summer turns out to have been a meth lab. and there are toxic chemicals there. contamination, 80 times the state limit. the family that bought the foreclosed home as is from the government got sick and now has few options. >>> and the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink, and even buckingham palace in london got in on the action. they are going pink to support the breast cancer awareness campaign. >>> well, now here's your first
more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the new federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collide d with a ferry and sank. it is the deadliest accident there in years. police say six crew members have been arrested. >>> in canada fireballs rose from a warehouse housing highly explosive racing car fuel. scores of home had to be evacuated. no injuries and so far no word on what caused the fire. >>> the white house is lit up in pink to mark ok as breast cancer awareness month. new york's empire state building is also bathed in pink light. even buckingham palace in london has gone pink to support the campaign. >>> here san early look on how wall street will kick off the day. the dow closed at 13,515 after adding 77 points yesterday. the s&p was up three, but the
the president's policies and middle-income americans have been crushed. >> the president counterpunched on tax and spending, insisting romney would serve only the wealthiest americans. >> budgets reflect choices. we will have to make decisions. if we are asking for no revenue, then that means we have to get rid of a whole bunch of stuff and the magnitude of the tax cuts you are talking about, governor, would result in severe hardship for people, but more importantly, it would not help us grow. >> for much of the debate it was a talented who appeared more relaxed, more animated, even when cut short by the moderator. >> we are way over our first 15 minutes. >> the smile of a man enjoying himself. and then helped year, the president owes its signature a form which mitt romney wants to undo. >> i don't know how the president could have come into office facing 23 million people out of work, rising unemployment, an economic crisis at the kitchen table, and spend his energy and passion if fighting for obamacare for two years instead of fighting for jobs for the american people. it has killed jobs. >>
over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street
the individual mandate was a permissible use of taxing power of congress and not the commerce clause, and thus the law would be upheld. subquestion finally anticipate why, why did roberts do that? and i think there were three main reasons. one is, i think you have to take his opinion at face value. eastham thought it was a legitimate use of the taxing power. i think the second and third part more important. the second and third are that, the second is that john roberts saw health care as many people saw health care, as the third in a trilogy of cases, starting with bush v. gore in 2000, citizens united in 2010, obamacare in 2012 your and that, in those first two cases you had five republicans justices dashing the dreams of democrats in what would seem to many as a very partisan case. as they sat down to vote on health care, it looked like the same thing was going to happen. the five republican nominees were going to trash a democratic dream. roberts recoiled from that ip. roberts has a very keen sense of politics in the larger sense. and he knew and cared deeply that the supreme court not be r
attention with these comments, discussing the gop ticket's tax plan. >> how they can justify raising taxes on the middle class that's been buried the last four years. >> reporter: the romney campaign pounced on the word buried. campaigning in iowa, paul ryan fired back. >> vice president biden just today said that the middle class over the last four years has been, quote, buried. we agree. that means we need to stop digging by electing mitt romney the next president of the united states. >> reporter: later, the vice president did some damage control, clarifying his remarks. >> the middle class was buried by the policies of romney and ryan supported. >> reporter: 24 hours before the start time of tonight's debate late tuesday, conservatives began circulating a 2007 speech by then candidate obama speaking to an african-american audience about victims of hurricane katrina. fox news host sean hannity prominently featured the video as a gotcha moment. >> it contains some of the most divisive class warfare and racially charged rhetoric ever used by barack obama. >> reporter: nbc, along with seve
the country for the last year promising $5 trillion in tax cuts to favor the wealthy. the fellow on stage last night said he did not know anything about that. [laughter] the real mitt romney it says we don't need any more teachers in our classrooms. [boos] don't boo, vote. [applause] >> some of the beginning of this rally this afternoon. about five more minutes of your phone calls, your reaction to the debate, what you saw in denver. columbia, maryland, on the independent line. >> good afternoon. just a couple of observations. i just watched obamas rally in denver. i just sat there thinking, wow, where was this guy last night? i really wish he had been a little tougher on romney. i think he had opportunity after opportunity to check him, but he didn't. but i still think in the end obama is going to win this. i just think the contrast is quite different. romney -- i sat there and listened to him tell a lie after lie after lie. people are not out on the news. they may not follow the news, or they may look at fox news and get all the information in there, but they should look at c-span, democracy
's not actor, what's motivating that ad, who's the person saying there should not be a millionaire's tax or should be? who's the special interests and how does the voter sift through it? one of the most amazing things that's happening them when you look at the president's number in the swing states he is doing well. for some reason that message is not coming through but it's not compelling. if you look at some the swing state that we thought would be remarkably close at this point are really starting to trend towards obama in a way that every seems to think that unless these debates reset his presidential election, it's quite clear that the president actually headed towards creating an environment where on this map is a significant advantage. >> governor christie promised speedy this is right, met ron is going to be so exceptional tomorrow there'll be a seismic shift. >> let's watch. talk about it next week in class. >> the crossroads different venues also engage in more localized regions, states, congressional and senate. a bit about how you choose your priorities since you have a broad
serious news. it's likely going to cost you about $3500 next year. that's new analysis from the tax policy center. this breaks down the data by income. see how much money you make on the left. on the right, you'll see what the fiscal cliff would give you for tax increases next year. if you make between 40,000 and $60,000 it's a $2,000. the more you make, for people that make more than $100,000 you'll have a $14,000 tax bill next year. it's -- they couldn't agree on deficit reduction. fiscal cliff congress would have to fix it a quick point. the payroll tax cut that you're getting right now, it's likely not going to be extended. there will be higher taxes, maybe a little bit, maybe a lot depending what congress does. now, the new york attorney general filed suit against jpmorgan against the mortgage backed securities sold. the start of it all. the civil suit alleges that bear stearns which jpmorgan now owns and is responsible for, misled investors into thinking the toxic loans had been fully evaluated. even when bear stearns found out there were problems, the bank "failed to reform their pr
million new jobs. many of them in manufacturing. my tax reform plan to lower rates for the middle class and for small business creates seven million more. and expanding trade, cracking down on china, and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. >>> president obama landed in los angeles about an hour ago. he's there to raise big money from celebrity supporters. he will speak at a con skert at the nokia theater where bon jovi, stevie wonder, and katy perry perform. tonight he'll speak at a $25,000 per person fund-raising dinner. that's $25,000 a person. the obama campaign is looking to build on his record-breaking month. the campaign raised $181 million in september. >>> mitt romney wrapping up a three-day campaign swing through florida where he spoke to a crowd of 12,000 today in port st. lucie. romney talked about last week's debate and said the president struggled because he can't defend his record. he's already seeing a bounce from his debate performance. a new rasmussen poll shows romney leading president obama by two m
. and keep america strong. but mitt romney's budget plan will hurt the middle class. raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> back now at 8:43 this morning on how to cook everything today. the canned of of meat, bacon. mark bittman "how to cook everything the basics," and all 25 recipes will apower in the upcoming issue of "new york times" magazine. i had to bring al in with me. some real expertise. >> i won't leave. bowed my way on to this segment. >> the raw pork belly. >> this is raw pork belly, can be cured or smoked and just smoked and then we call it bacon. >> and then you can call raw pork belly bacon, too, but what we think of as bacon is usually cured in a brine and smoked or just smoked. >> here we're looking at it slide. >> thick slices. here's some diced, what you might call minced. >> and pancetta is basically bacon
strong. but mitt romney's budget plan will hurt the middle class, raising taxes on the average family by up to $2,000, while giving a tax break of $250,000 to multimillionaires. esn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. okay. [ male announcer ] with citibank's popmoney, dan can easily send money by email right from his citibank account. nice job ben. [ male announcer ] next up -- the gutters. citibank popmoney. easier banking. standa at citibank. >>> here's "the play of the day." >> right now, here's "the play of the day," elizabeth vargas. >> it's tuesday. >> let's say you go outside, in the backyard. let's say you see that out in the backyard. >> holy cow. >> that's a big, black bear. dropping by, a woman's house, uninvited. you think this would send everybody running. you would be wrong. listen. >> let me go in your office. he might come after me. >> get down, right now. no. no. down. back. >> she told him. >> now, you should know in the control room, loved this o
of the taxing power of congress and not the commerce clause and thus the law can be upheld. i think that there were three main reasons. the first was i think you have to take things at face value and that would be a legitimate use of it. the second and third, more importantly, the second and third final, many people saw health care as a third in a trilogy of cases, starting with bush and gore in 2000, and in those first two cases, you have five republican justices gashing dreams of democrats in what seems to many is a very partisan case. it looked like the thinking was going to happen. the five republican nominees were going to trash a democratic dream. roberts recoiled at that idea. roberts has a very keen sense of politics in the larger sense. and he knew and cared deeply that the supreme court not be regarded as simply another branch of congress, where democrats and republicans fight. he wanted the court to be seen, if at all possible, as somewhat elevated from that sort of discourse. it is also is a third reason, worth remembering that republican conservative agenda for the supr
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